{"id":1174617,"date":"2020-03-29T07:15:28","date_gmt":"2020-03-29T13:15:28","guid":{"rendered":"https:\/\/www.mining.com\/?p=1018536"},"modified":"2020-03-30T07:15:28","modified_gmt":"2020-03-30T13:15:28","slug":"mistango-to-become-one-of-the-largest-landowners-in-kirkland-lake","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1174617","title":{"rendered":"Mistango to become one of the largest landowners in Kirkland Lake"},"content":{"rendered":"<p>Hinterland Metals entered into a mining property acquisition agreement with Mistango River Resources (CSE: MIS) to sell its non-core asset, the Teck property, located in the Kirkland Lake Gold Camp in Ontario, Canada.<\/p>\n<div class='d-flex justify-content-center d-xs-block d-sm-block d-md-none'>\n<div id='div-gpt-ad-1561499308230-0'><script>googletag.cmd.push(function() {googletag.display('div-gpt-ad-1561499308230-0');});<\/script><\/div>\n<\/div>\n<p>According to Hinterland, the 2,105-hectare property has been inactive for several years.<\/p>\n<figure class=\"wp-block-pullquote alignright\">\n<blockquote>\n<p>The expanded land package is contiguous to Kirkland Lake Gold\u2019s Macassa mine, one of the worlds highest-grade gold mines, and gives Mistango one of the largest land positions in the Kirkland Lake district<\/p>\n<\/blockquote>\n<\/figure>\n<p>The deal entails that Mistango has to pay C$15,000 as well as issue 1,500,000 common shares to Hinterland in exchange for the transfer of 47 mining claims, 22 mining patents, and two mining licenses of occupation, all situated in the Eby, Teck and Grenfell Townships, together with all exploration data and technical information associated with claims.<\/p>\n<p>The additional claims bring Mistango\u2019s adjacent Eby-Baldwin property to a total of 4,300 hectares, which makes the Toronto-based miner one of the largest landowners in the Kirkland Lake camp.<\/p>\n<p>\u201cThis acquisition establishes Mistango as a major landholder in Kirkland Lake, particularly along with the western extension of the Amalgamated and Main breaks which hosts excellent geology but has seen substantially less exploration due to its fragmented ownership,\u201d Mistango\u2019s director, Stephen Stewart, said in a media statement. \u201cThis Teck-Kirkland acquisition gives us additional coverage along the intersections of the major breaks in the area including the Amalgamated, Main, Cadillac and Kirana faults. The focus of our exploration going forward will be where these major structures crosscut.\u201d<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With the acquisition of Hinterland&rsquo;s Teck property, Mistango becomes one of the largest landowners in Ontario&rsquo;s Kirkland Lake camp.<\/p>\n","protected":false},"author":92,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[369],"tags":[43],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1174617"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/92"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1174617"}],"version-history":[{"count":3,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1174617\/revisions"}],"predecessor-version":[{"id":1174829,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1174617\/revisions\/1174829"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1174617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1174617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1174617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}